Carlisle Companies Incorporated (NYSE:CSL) Holdings Lifted by TFG Advisers LLC

TFG Advisers LLC boosted its position in shares of Carlisle Companies Incorporated (NYSE:CSL) by 4.0% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 1,328 shares of the conglomerate’s stock after buying an additional 51 shares during the period. TFG Advisers LLC’s holdings in Carlisle Companies were worth $597,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of CSL. ORG Partners LLC bought a new position in Carlisle Companies during the second quarter valued at about $31,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Carlisle Companies in the 2nd quarter valued at $32,000. ORG Wealth Partners LLC acquired a new position in shares of Carlisle Companies in the 3rd quarter valued at $32,000. Gilliland Jeter Wealth Management LLC acquired a new position in shares of Carlisle Companies in the 2nd quarter valued at $39,000. Finally, Sound Income Strategies LLC boosted its position in shares of Carlisle Companies by 564.7% in the 1st quarter. Sound Income Strategies LLC now owns 113 shares of the conglomerate’s stock valued at $44,000 after purchasing an additional 96 shares during the period. Institutional investors own 89.52% of the company’s stock.

Insiders Place Their Bets

In other news, VP David W. Smith sold 600 shares of the firm’s stock in a transaction dated Monday, July 29th. The stock was sold at an average price of $425.56, for a total transaction of $255,336.00. Following the completion of the sale, the vice president now directly owns 2,834 shares of the company’s stock, valued at $1,206,037.04. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In other news, VP David W. Smith sold 600 shares of the firm’s stock in a transaction dated Monday, July 29th. The stock was sold at an average price of $425.56, for a total transaction of $255,336.00. Following the completion of the sale, the vice president now directly owns 2,834 shares of the company’s stock, valued at $1,206,037.04. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Kevin P. Zdimal sold 21,470 shares of the firm’s stock in a transaction dated Friday, July 26th. The stock was sold at an average price of $425.29, for a total value of $9,130,976.30. Following the sale, the chief financial officer now directly owns 35,641 shares of the company’s stock, valued at $15,157,760.89. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.50% of the company’s stock.

Carlisle Companies Stock Up 0.1 %

NYSE CSL traded up $0.28 during trading on Wednesday, reaching $460.84. 16,375 shares of the company’s stock were exchanged, compared to its average volume of 323,171. Carlisle Companies Incorporated has a fifty-two week low of $235.79 and a fifty-two week high of $481.26. The firm has a market capitalization of $21.94 billion, a PE ratio of 26.71, a P/E/G ratio of 1.52 and a beta of 0.91. The company has a current ratio of 2.89, a quick ratio of 2.50 and a debt-to-equity ratio of 0.63. The company’s fifty day simple moving average is $431.99 and its 200-day simple moving average is $415.33.

Carlisle Companies (NYSE:CSL) last announced its quarterly earnings data on Wednesday, July 24th. The conglomerate reported $6.24 EPS for the quarter, topping analysts’ consensus estimates of $5.84 by $0.40. Carlisle Companies had a return on equity of 31.65% and a net margin of 27.88%. The firm had revenue of $1.45 billion during the quarter, compared to analyst estimates of $1.45 billion. During the same period last year, the company posted $5.18 EPS. The business’s quarterly revenue was up 11.0% compared to the same quarter last year. Sell-side analysts predict that Carlisle Companies Incorporated will post 20.57 EPS for the current year.

Carlisle Companies Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Tuesday, August 20th were given a dividend of $1.00 per share. The ex-dividend date was Tuesday, August 20th. This is a positive change from Carlisle Companies’s previous quarterly dividend of $0.85. This represents a $4.00 dividend on an annualized basis and a yield of 0.87%. Carlisle Companies’s dividend payout ratio (DPR) is presently 23.19%.

Analyst Ratings Changes

A number of research firms recently weighed in on CSL. Oppenheimer increased their price target on Carlisle Companies from $480.00 to $505.00 and gave the company an “outperform” rating in a research report on Tuesday. StockNews.com lowered Carlisle Companies from a “buy” rating to a “hold” rating in a research report on Tuesday, August 27th. Finally, Robert W. Baird increased their price target on Carlisle Companies from $500.00 to $506.00 and gave the company an “outperform” rating in a research report on Tuesday, October 15th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, Carlisle Companies currently has a consensus rating of “Moderate Buy” and an average target price of $476.50.

Carlisle Companies Company Profile

Carlisle Companies Incorporated operates as a manufacturer and supplier of building envelope products and solutions in the United States, Europe, North America, Asia and the Middle East, Africa, and internationally. It operates through two segments: Carlisle Construction Materials and Carlisle Weatherproofing Technologies.